Senior Manager - Budgeting & Costing

Key Accountabilities

• Cost Planning and Monitoring
• Budgeting & Costing Process Management
• Value Engineering
• Contracts Administration and Management

Operational

• Prepare the Budget for a Project before the start with a systematic and structured approach to enable Management to take decisions on the commercial viability of the Project.
• Updating concept budget as per design development level details
• Corrections and updates in the original cost plans with variance analysis towards market escalations, project delays or changes in project execution schedule.
• Cost Monitoring and controlling with systematic periodic reviews during the entire tenure of the project
• Preparing Cost to complete reports.
• Control Project expenses by ensuring that, only approved expenses take place and ensure that all of the costs within the projects are accurately recorded and tracked at each phase of the projects lifecycle
• Working out value engineering options with design team, construction management & procurement for reducing out turn cost on projects, looking at the entire project and all of its components with practical application not to over engineer that drives up the construction costs.
• Prepare and float tender documents, Prepare item wise rate analysis, Comparison, Negotiation and Finalization of Contracts.
• Managing & developing the team of quantity surveyors /cost engineers & cost managers) for quantity take off & preparing BOQs.
• Provide relevant information related to consumption and expenses linked with construction to enable the Construction Management teams to deliver projects in a cost-efficient manner.
• Recommending the necessary procurement strategy
• Preparation and verification of commercial terms related to Project Insurance, Bank Guarantees, Statutory permissions related to contract.
• Documentation for Material Inventory, Verification of Reconciliation statements etc
• Establish cash flow in conjunction with construction execution.
• Correspondence with respect to Contract conditions during the execution of Works.
• Settlement of Disputes arising during the currency of contract and post contract termination or completion
• Working out value engineering options with design team, construction management & procurement for reducing out turn cost on projects, looking at the entire project and all of its components with practical application not to over engineer that drives up the construction costs.
• Worked out cost saving options for plot filling, oversized pipelines for sanitary sewers and storm drains etc.
• Providing input to design team based on the learnings from other project for formulation of policies, which has acted as backbone to the organization.
• Prepare and float tender documents, Prepare item wise rate analysis, Comparison, Negotiation and Finalization of Contracts.
• Managing & developing the team of quantity surveyors /cost engineers & cost managers) for quantity take off & preparing BOQs.
• Provide relevant information related to consumption and expenses linked with construction to enable the Construction Management teams to deliver projects in a cost-efficient manner.